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Technology Stocks : Mortgage.com, Inc- (Nasdaq: MDCM)
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To: steve host who wrote (423)9/15/1999 7:44:00 AM
From: Boquacious  Read Replies (2) of 516
 
oh i see--i am the know it all jerk because I proved you wrong. all i did was to show that there is no prohibition against shorting an ipo. if you can get the shares, it can be shorted. you are the know it all jerk who says it can't be done and that you put people in jail.

By SUSAN PULLIAM
Staff Reporter of THE WALL STREET JOURNAL

"To be sure, a short sale on an IPO doesn't necessarily run afoul of regulatory rules. Investors are allowed, for instance, to short IPOs if the broker is able to locate shares to lend through the firm's clearing agent. In many cases, Wall Street firms make shares of a newly minted IPO available for shorting to smaller brokerage houses by buying the shares in the open market and making them available for borrowing to customers in short sales."

BTW-Susan Pullman probably thinks you are a know it all arrogant fool.
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